Betolar Plc
Company Announcement
4 November 2026 at 3:50 p.m. EET
Betolar Plc: Directed share issue without payment to settle rewards under the share-based incentive plan
On 4 November 2026, the Board of Directors of Betolar Plc resolved on a directed share issue without payment to settle share rewards vested under Betolar Plc’s RSU 2022 share-based incentive plan during the 2022–2026 vesting period. The share issue resolution is based on the authorisation granted to the Board of Directors by the Company’s Annual General Meeting held on 18 March 2026.
In the share issue, a total of 31,250 new shares of the Company will be issued gratuitously to the key employees participating in the share-based incentive plan in accordance with the terms and conditions of the plan. The Company’s Board of Directors has also resolved that the rewards payable under the share-based incentive plan will be paid partly in cash to cover the personal taxes and tax-related charges incurred by the key employees as a result of the rewards.
The new shares are expected to be registered with the Finnish Trade Register on 16 November 2026, and they will carry the right to dividends and other shareholder rights once they have been registered in the participants’ book-entry accounts. The Company intends to apply for the new shares to be admitted to trading on Nasdaq First North Growth Market Finland on or about 17 November 2026.
Following the registration of the new shares, the total number of shares in Betolar Plc will be 21,598,820.
Betolar Plc
Board of Directors
More information:
Vibeke Krohn, CEO & President, Betolar Plc, vibeke.krohn@betolar.com, +47 936 34 491
Certified Advisor:
Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098
About Betolar
Betolar is a circular economy and materials technology company. Founded in 2016, the company is headquartered in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market Finland (ticker: BETOLAR) and its shares are also traded on the OTCQX International market in the United States (ticker: BTLRF). For more information www.betolar.com.